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Burundi : Selected Issues and Statistical Appendix

International Monetary Fund - 2004

poverty, Burundi should diversify its economy and establish new sources of economic growth. The increasing regional … integration will also help to accelerate economic growth. The parallel market in Burundi is still sizable, and the exchange rate … differential remains a source of financial distortion. The statistical data of economic indices of Burundi are presented in this …

Persistent link: https://www.econbiz.de/10014406444

Burundi : Financial Statistics

International Monetary Fund - 1996

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country

Persistent link: https://www.econbiz.de/10014397255

Burundi : Statistical Annex

International Monetary Fund - 1999

Persistent link: https://www.econbiz.de/10014398577

Burundi : Statistical Annex

International Monetary Fund - 2002

Persistent link: https://www.econbiz.de/10014405054

Burundi : Selected Issues and Statistical Appendix

International Monetary Fund - 2006

Burundi is in great need of investment in infrastructure, but fiscal constraints leave little room for additional … public spending. Despite this initial recovery, Burundi has yet to rebuild its pre-civil war level of public capital stock … progress in the business climate has been made. Burundi is quickly moving away from the unsustainable debt situation and …

Persistent link: https://www.econbiz.de/10014405378

Teaching Index Numbers to economists

O'Neill, Rob - In: Cogent economics & finance 3 (2015) 1, pp. 1-10

Economic statistics are frequently reported in the form of index numbers. This article considers how the field of Index Numbers should be approached in the teaching of a general economic degree. While the topic finds a natural home in statistics modules, it is emphasised that the area can also...

Persistent link: https://www.econbiz.de/10011450029

Copula-Dependent Default Risk in Intensity Models

Schönbucher, Philipp J.; Schubert, Dirk - 2001

In this paper we present a new approach to incorporate default dependency in intensity-based default risk models. The model uses an arbitrary default dependency structure which is specified by the Copula of the times of default, this is combined with individual intensity-based models for the...

Persistent link: https://www.econbiz.de/10005841283

A Libor Market Model with Default Risk

Schönbucher, Philipp J. - 2000

In this paper a new credit risk model for credit derivatives is presented. The model is based upon the Libor market modelling framework for default-free interest rates. We model effective default-free forward rates and effective forward credit spreads as lognormal diffusion processes, and...

Persistent link: https://www.econbiz.de/10005841284

Factor Models for Portfolio Credit Risk

Schönbucher, Philipp J. - Institut für Gesellschafts- und … - 2000

This paper gives a simple introduction to portfolio credit risk models of the factor model type. In factor models, the dependence between the individual defaults is driven by a small number of systematic factors. When conditioning on the realisation of these factors the defaults become...

Persistent link: https://www.econbiz.de/10005841285

A Tree Implementation of a Credit Spread Model for Credit Derivatives

Schönbucher, Philipp J. - 2000

In this paper we present a tree model for defaultable bond prices which can be used for the pricing of credit derivatives. The model is based upon the two-factor Hull-White (1994) model for default-free interest rates, where one of the factors is taken to be the credit spread of the defaultable...

Persistent link: https://www.econbiz.de/10005841287